Student Funding

Repayments commence at £21,000.
Until that point outstanding debt would rise in line with
inflation. After that point,
interest charged at cost of Govt borrowing

Changes to maintenance loans and maintenance grants

Unpaid student debt written off after 30 years, rather than 25 years

Part-time students eligible for loans for fees

Higher Education and Regulation

Higher Education Funding Council for England, Quality Assurance Agency,
Office for Fair Access, and the Office of the Independent Adjudicator abolished
and replaced by a single Higher Education Council

All new academics with teaching responsibilities should undertake a
teaching qualification

The HE Council should have the power to bail out struggling institutions
and could explore options such as
mergers and takeovers if institutions are facing financial failure

More scrutiny re student access if HEI charges more than £7,000 pa

New providers will be allowed to offer higher education teaching

10% increase allowed for overall university places over three years

Govt will set a minimum
entry standard, in terms of UCAS points, each year, below these grades,
students would not be eligible for financial support